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Stock Market & Financial Investment News

News Breaks
November 27, 2012
08:04 EDTBEE, MHGC, HT, FCH, DRH, CHSPJMP Securities to host a tour
New York City Hotel Tour visits various hotels in the New York City area on November 27.
News For DRH;HT;CHSP;FCH;MHGC;BEE From The Last 14 Days
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June 23, 2015
08:02 EDTHTHersha Hospitality 1-for-4 reverse share split effective June 22
Hersha Hospitality Trust announced that the previously announced 1-for-4 reverse split of the company’s issued and outstanding Common Shares took effect at 5:00 p.m., EDT, on June 22. Accordingly, at the Effective Time, every four issued and outstanding Common Shares were combined into one Common Share. In addition, at the market open on June 23, the Common Shares began trading on the New York Stock Exchange on a post-split basis under the existing symbol “HT” and under a new CUSIP number: 427825 500. As a result of the reverse share split, the number of outstanding Common Shares was reduced from approximately 191.1 million to approximately 47.8 million. Thecompany’s previously announced second quarter dividend, to be paid on July 15 to the holders of record of Common Shares on the close of business on June 30 will be adjusted to 28c per Common Share. The amount of any future dividends payable by the company will be determined by and at the sole discretion of the company’s Board of Trustees.

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